March 15, 2019 08:59 AM IST | Aviation
What we know about Boeing 737 MAX crash and what comes next
Satellite data gathered from the Ethiopian Airlines flight and evidence from the crash site showed similarities with the accident in Indonesia, which prompted the US Federal Aviation Administration to ground all Boeing MAX jets in service.
Technical analysis of the black boxes from the crashed Ethiopian Airlines jet is set for Friday in France. It will take several days to complete the first readings from the boxes, French aviation officials said.
Boeing maintains its new, fuel-efficient jets are safe, but supported the FAA decision to ground them. Fearing a financial hit and brand damage, investors have wiped about $26 billion off the company’s market value.
Published Date: Mar 15th, 2019 08:59 AM | Updated Date: March 15, 2019 08:59 AM IST
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